KMG EP: Takes Reserve Hit – 1P Down 16%
JSC KаzМunaiGas Exploration Production announces today the results of the reserves audit as at 31 December 2014 performed by independent consultant Miller and Lents, Ltd. at the Ozenmunaigas JSC (“OMG”), Embamunaigas JSC (“EMG”) and Ural Oil and Gas LLP (“UOG” where KMG EP holds a 50% stake) fields. According to …
Kazmunaigas Exploration Production: Signs Extended Subsoil Contracts
KazMunaiGas Exploration Production JSC announces today that addendums have been signed to extend contracts between the Kazakh Ministry of Energy and KMG EP subsidiaries. The following four contracts have been extended with JSC Embamunaigas: the Kenbay field (contract №37) valid until 2041; the SE Novobogatinsk field (contract №61) valid until …